Why FSD Pharma Stock Is Seeing Huge Gains
Portfolio Pulse from Erica Kollmann
FSD Pharma Inc. (NASDAQ:HUGE) shares are experiencing significant gains following an update on its investment in Celly Nutrition. The company announced the upcoming launch of its product, unbuzzd, on Amazon and the closing of its first round of financing. Trading volume for FSD Pharma shares has surged, with over 900 million shares traded compared to a float of 40.157 million shares.
August 09, 2024 | 5:23 pm
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FSD Pharma shares are up 267% following the announcement of the launch of unbuzzd on Amazon and the closing of its first financing round. The stock is experiencing heavy trading volume.
The announcement of a new product launch on a major platform like Amazon and the successful closing of a financing round are strong positive catalysts for FSD Pharma. The significant increase in trading volume further indicates strong investor interest and confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100